economy

Stock market shares gains LE1.9 billion
Business

Stock market shares gains LE1.9 billion

  The stock market's benchmark index EGX-30 rose by 0.59 percent reaching 5680.65 points. The small and medium-sized index EGX70 increased…
Alexandria Chamber of Commerce to launch 8 EU-financed projects
Business

Alexandria Chamber of Commerce to launch 8 EU-financed projects

The Alexandria Chamber of Commerce will on Sunday launch eight new projects financed by the European Union worth more than…
Egypt seeks to raise government investments by 35%: minister
Business

Egypt seeks to raise government investments by 35%: minister

Egyptian officials are hoping to increase government investments by 35 percent over the 2013-2014 fiscal year, according to Finance Minister…
Egypt’s primary education ranks last in Global Competitiveness report
Culture

Egypt’s primary education ranks last in Global Competitiveness report

09/08/2014 The Global Competitiveness Report for 2013-2014 issued by the World Economic Forum placed Egypt at the bottom of its report…
Making the most of Gulf aid to Egypt
Economy

Making the most of Gulf aid to Egypt

We may not like it, but Egypt desperately needs Gulf money.So why not change the way the Gulf lends money to Egypt…
Euromoney says conference in Egypt to be held on time
Business

Euromoney says conference in Egypt to be held on time

Euromoney’s Egypt annual conference will take place 24 to 25 September to assess Egypt’s current economic situation, the organization said. The…
Egyptian government temporarily halts IMF loan negotiations
Business

Egyptian government temporarily halts IMF loan negotiations

 According to minister of finance, Ahmed Galal, the Egyptian government currently has no intention of carrying forward talks with the…
Egyptian economy better off than in June according to finance minister
Business

Egyptian economy better off than in June according to finance minister

Finance Minister Ahmed Galal has said Egypt's economic and financial situation has improved since June. Galal pointed to exchange rate stability,…
External debt swells
Business

External debt swells

Egypt’s external debt grew by US $4 billion in March 2013 reaching $38.4 billion compared to $34.4 billion in June…
Why Egypt’s pound is not strengthening
Economy

Why Egypt’s pound is not strengthening

Take a look at this chart, which the Central Bank has been proudly parading this month:(Bloomberg)It shows how the pound’s…
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